View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Research Reports
September 27, 2021

WNS Assistance, By Miles Introduces Connected Car Insurance

Concept: British claims management company WNS Assistance has partnered with insurtech startup and motor managing general agent (MGA) By Miles to manage its connected car insurance policy claims by leveraging real-time vehicle data. WNS Assistance as part of the partnership will be offering 24×7 claims management solutions for By Miles’ pay-by-mile policies.

Nature of Disruption: WNS car insurance is offered for drivers of connected cars who cover under 7,000 miles (11,265km) a year. It calculates monthly premiums using a mobile app and actual mileage data directly from the vehicle’s mileometer. The claims solution gives priority to driver safety and vehicle security and links customers with a 24/7 First Notice of Loss (FNOL) team and dedicated claims managers. Thus, enabling contact with users and alert emergency services when required. The solution based on the scenario initiates several immediate solutions such as the arrangement of rapid response services to severe accidents. Connected car insurance can decrease indemnification costs, accelerate claims lodgements, and reduce fraudulent and exaggerated claims.

Outlook: The increasing adoption of telematics and connected cars are expected to drive the usage-based insurance market. WNS takes part in this evolution to help clients disrupt the competitive landscape and offer a better customer experience. The partnership with By Miles is claimed to be the world’s first connected car insurance to provide effortless and user-friendly service for customers. It can provide immediate services to users based on their situation, addressing the customer’s need quickly and securely.

This article was originally published in Verdict.co.uk

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style